And then there’s the China factor. Speculation is rife that Indian companies will gain from the current aversion to China. Will the gainers be chemical and agrochemical companies? Will they be in the pharma sector, in aquaculture, or in consumer durables? The beneficiaries could also be auto components companies and capital goods makers. China could also be a source of hope to our steel companies. … [Read more...] about Moneycontrol Pro Weekender | Mr Market puts on his rose-tinted glasses

Most state governments have further relaxed lockdown norms in the current phase as well as allowing domestic air-travel to resume. Tensions between India and China and China and the US remain a concern for the markets. Also, any acceleration in coronavirus infections could further slow down the lifting of lockdown and delay any economic recovery. Notwithstanding the near-term uncertainty, valuations are attractive on a medium-term basis. … [Read more...] about The weekly dossier: Here’s what top voices have to say about the market